Yext, Inc. (NYSE:YEXT) Shares Purchased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP increased its position in shares of Yext, Inc. (NYSE:YEXT - Free Report) by 22.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,469,605 shares of the company's stock after purchasing an additional 273,498 shares during the period. Dimensional Fund Advisors LP owned 1.15% of Yext worth $9,346,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in YEXT. Arrowstreet Capital Limited Partnership lifted its position in Yext by 160.0% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,758,394 shares of the company's stock worth $11,183,000 after acquiring an additional 1,082,153 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in Yext by 224.2% in the third quarter. JPMorgan Chase & Co. now owns 515,221 shares of the company's stock worth $3,565,000 after purchasing an additional 356,324 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Yext during the fourth quarter worth $2,219,000. Hussman Strategic Advisors Inc. acquired a new stake in Yext in the 4th quarter valued at $1,336,000. Finally, Vanguard Group Inc. grew its position in shares of Yext by 1.3% in the 4th quarter. Vanguard Group Inc. now owns 15,865,674 shares of the company's stock valued at $100,906,000 after acquiring an additional 204,329 shares during the period. 70.98% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

YEXT has been the topic of a number of research reports. Needham & Company LLC reiterated a "buy" rating and set a $10.00 target price on shares of Yext in a research report on Thursday, April 3rd. Roth Mkm reiterated a "buy" rating and issued a $9.50 price target (down previously from $10.50) on shares of Yext in a report on Wednesday, February 26th.

Yext Stock Performance

NYSE YEXT traded up $0.04 during trading hours on Thursday, reaching $6.91. The stock had a trading volume of 148,989 shares, compared to its average volume of 888,804. Yext, Inc. has a 52-week low of $4.29 and a 52-week high of $8.75. The stock has a market cap of $860.31 million, a P/E ratio of -46.03 and a beta of 1.07. The stock has a fifty day moving average of $6.26 and a 200 day moving average of $6.73.

Yext (NYSE:YEXT - Get Free Report) last released its quarterly earnings results on Wednesday, March 5th. The company reported ($0.06) earnings per share for the quarter, missing analysts' consensus estimates of $0.14 by ($0.20). Yext had a negative return on equity of 11.10% and a negative net margin of 4.64%. The business had revenue of $113.09 million for the quarter, compared to analysts' expectations of $112.77 million. On average, equities research analysts forecast that Yext, Inc. will post -0.12 EPS for the current year.

Yext Profile

Yext, Inc organizes business facts to provide answers to consumer questions in North America and internationally. It operates Yext platform, a cloud-based platform that allows its customers to offer answers to consumer questions, to control the facts about their businesses and the content of their landing pages, and to manage their consumer reviews; and provides customers to update their information and content through its publisher network of maps, apps, search engines, intelligent GPS systems, digital assistants, vertical directories, and social networks, as well as professional services.